epm strategy - amosca · 2020. 4. 6. · epm development. the following is intended to outline our...

EPM Strategy

Mark Rinaldi

Director, Product Management

EPM Development

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Statements in this presentation relating to Oracle’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. A detailed discussion of these factors and other risks that affect our business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this presentation is current as of September 2019 and Oracle undertakes no duty to update any statement in light of new information or future events.

Safe Harbor

Copyright © 2020 Oracle and/or its affiliates.2

http://www.oracle.com/investor

Source: Innosight Source: kornferry Source: Mckinsey

75%

Of current S&P 500 Companies are expected to be replaced by 2027

5.1 years

Average CFO Tenure

89%

Of General Accounting activities are highlyor fully automatable


“The digital age has already changed the nature of work, and will continue to do so. Finance professionals are not immune: we need to adapt and transform too.

By embracing a new operating model for modern finance we can become

exactly the kind of ‘agile finance leaders’ business requires.”

John Windle, FCMA, CGMA Chief Financial OfficerAssociation of International Certified Professional Accountants


Waterfall Agile

Software Development Lifecycles


Agile Value Proposition

1. Faster ROI with a focus on business value enabling first mover advantage

2. Increased control with increased visibility 3. Reduced risk and higher quality with

continuous testing enabling course corrections

4. Higher customer satisfaction – visibility, flexibility, adaptability


Impact on Finance Processes

Plan Continuously

• Reallocate resources as the situation dictates

• Reforecast frequently based on new information

• Transition away from command control hierarchies to more flexible approaches

• Finance as a business partner closer to the customer

Focus on the right metrics

• Metrics for customer success are often cross departmental e.g LTV, process costing

• Shifting organizational structure make YoY calculations difficult to reconcile

• Divisional P&L becoming less important

Increase Decision Velocity

• Risk of indecision > risk of a bad decision

• Develop a bias toward action and fail fast

• Importance of Scenario Analysis

• State gate investments• Simplify lines of

accountability and devolve decision making

1 2 3


Impact on Finance Processes

Equalize the Data

• Single source of the truth• Relinquishing of some

control to allow data to flow freely but managed to maintain its trust

Build Agile Operations

• Establish a substitutable workforce, trained to switch between positions

• Simplify, centralize, standardize, automate

• Streamline, Empower & Delight

Broaden skill sets

• Automate the mundane • Access to information

whenever and wherever• IOT providing telemetry

and usage information

4 5 6


On-Premises Strategy

• Hyperion EPM officially joins Oracle Applications Unlimited

• More nimble delivery mechanism with smaller releases for easier adoption

• Enhancements driven completely by customer needs and priorities

10

Ongoing commitment for lifetime support

https://www.oracle.com/applications/applications-unlimited/https://www.oracle.com/a/ocom/docs/support/hyperion-epm-announcement.pdfhttp://www.oracle.com/us/products/applications/applications-unlimited-1970561.pdf

Copyright © 2020 Oracle and/or its affiliates.

https://www.oracle.com/applications/applications-unlimited/

https://www.oracle.com/a/ocom/docs/support/hyperion-epm-announcement.pdf

http://www.oracle.com/us/products/applications/applications-unlimited-1970561.pdf

Fresh off the Presses…..

Hyperion 11.1.2.4 Premier Support extended thru December, 2021

• Replaces Extended Support

• Please refer to the posted Applications Lifetime Support Policy document for details


https://www.oracle.com/support/lifetime-support/resources.html

On-Premises Releases

Hyperion EPM Release 11.1.2.4• Premier Support thru Dec 2021

Hyperion EPM Release 11.2 • Released December 2019

• Uplift to FMW 12g release

• Repository Simplification (released previously in 11.1.2.4.900 and cloud)

• Ongoing release for all Defect Fixing, 3rd party certification updates, and enhancements through at least 2030


11.2 Design Principles

Sustainable

Future Proof

Pruning

Grafting


On-Premises Release: 11.2 – The Details

• Uplift to FMW 12g release

• Oracle Essbase 11.1.2.4 will be used for Hyperion EPM 11.2 initially

• Uplift to Essbase 19c is on the roadmap

• Repository Simplification

• Streamlines and simplifies infrastructure and architecture for the future

• Replace Foundation services with a simpler RDBMS repository

• Migration included for FR/Workspace Content

• 3rd party certifications* including:

• OS: Windows 2019

• RDBMS: Oracle 12.2, SQL Server 2016

• JDK 1.8

• No More Flash! (Calculation Manager no longer requires Adobe Flash)

• Technical upgrade – out of place install

• Enhancements delivered thru a series of feature bearing PSUs

* Not an exhaustive list Copyright © 2020 Oracle and/or its affiliates.15

Key Announcement

• EPM Architect (EPMA) will NOT be available as a

foundation component in EPM 11.2 and beyond

• For existing deployments of EPM Architect:

• Oracle Data Relationship Management will be offered

under a restricted use license to facilitate Oracle

Hyperion EPM (on premises only) dimension

maintenance

• Alternatively convert to “classic”

• A Migration Kit and white paper are available to assist with

dimension extraction from EPMA to DRM• Patch 30695700: EPMA ADS FILE CONVERSION UTILITY FOR EPM 11.2

• Oracle Support Document 2626317.1 (Whitepaper - How to Migrate

Metadata from EPMA to DRM Application)


https://support.oracle.com/epmos/faces/PatchDetail?_adf.ctrl-state=oyq8jonoe_4&releaseId=600000000106637&patchId=30695700&languageId=0&patchType=Patch&platformId=233&_afrLoop=411888242027655

https://support.oracle.com/epmos/faces/DocumentDisplay?id=2626317.1

EPMA Migration to DRM steps

1. Export your 11.1.2.4 application metadata from Performance Management Architect to a file using the EPMA File Generator Utility.

2. Convert the file so that it's compatible with Data Relationship Management, using the file conversion utility.

3. Create an application in Data Relationship Management using predefined templates that you get with the DRM 11.2 install and import the converted file from step 2

4. Manage your metadata in Data Relationship Management.

5. Export application metadata out of Data Relationship Management and import it into your Oracle Enterprise Performance Management System application.


Restricted Use DRM for Hyperion EPMThe Fine PrintWhat’s included?

• Data Relationship Management for dimension maintenance of Oracle Hyperion EPM on-premises applications only

• Data Relationship Steward (max 5 named users) to administer, secure and maintain hierarchies for Oracle Hyperion EPM on-premises applications only

What is not included?• Reads and feeds from any other applications

(e.g., Oracle EPM Cloud, Oracle Analytics Cloud, Transactional applications, ODS, D/W, Non-Oracle apps)

• Data Relationship Governance

• DRM Analytics

NOTE: This RUL does not apply to existing customers of Oracle Data Relationship Management.Copyright © 2020 Oracle and/or its affiliates.18

Restricted Use: Oracle DRM for Hyperion EPM

Provides Superior Functionality for:

• Dimension Maintenance and Hierarchy Management

Delivers Increased Value, Streamlined Application Maintenance via:

1. App Dimension Definition – Adapt masters to create target-specific dimension properties

2. Value inheritance - Calculate values based upon a controlling hierarchy

3. Versioning – Take historical snapshots, spin what-if scenarios, rollback to points-in-time

4. Derived properties - Calculate values based on user defined functions and scripts

5. Custom validations - Validate based on custom business logic

6. Custom exports - Define custom exports to filter and transform master hierarchies

7. Compare hierarchies – Use “hot lists” of differences for repeatable reconciliation


Expand to “Full Use” Data Relationship ManagementFor broader use beyond the restricted use license of DRM, purchase either:

• Oracle Data Relationship Management• Oracle EPM Cloud Enterprise Data Management

Use cases include:• Corporate Chart of Accounts Maintenance• Chart of Accounts Redesign • Reference Data Management• Master Data Management• Mappings Maintenance


Hyperion EPM (On-Prem) Product/Features Discontinued in 11.2

Hyperion Financial Management

Financial Management Analytics

Essbase Analytics Link for Hyperion Financial Management

Quantitative Management and Reporting for Solvency

Hyperion BI+

Interactive Reporting (IR)

Production Reporting (SQR)

Web Analysis (WA)

Hyperion PlanningHyperion Strategic Finance

Crystal Ball (replaced by Predictive Planning)

Simplified User Interface (SUI)

Workforce Planning

Capital Expense Planning

Project Financial Planning

Offline Planning

AdditionalEPM Architect (EPMA)

Disclosure Management

EPM Mobile


















2020 Roadmap

Scheduled for April• 3rd party Certification

• Chrome

• Edge Chromium

• Windows 2016

• Defect Fixing

Scheduled for Summer• 3rd party Certification

• OEL 7 (UL 0+)

• Red Hat 7 (UL 0+)

• Defect Fixing

Scheduled for Fall/EOY• 3rd party Certification

• SQL Server 2017

• SQL Server 2019

• Solaris 11 update 2+

• AIX 7.1 TL 1+, 7.2 TL0+

• FMW 12.2.1.4• Defect Fixing

11.2.1 11.2.2 11.2.3


The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Oracle EPM On-premises: Current Release and Roadmap

Hyperion Planning• Faster/Larger forms support• Dashboards• Ad hoc Grids for Analysis• Grid definitions to Financial Reports

Hyperion Financial Management• Journals Workbench• HFM Insights• Rules Profiling• Charts/Graphs – Forms/Grids• Import application• DB hardening – RAC and network connectivity

Data Relationship Management• FDMEE Integration• Integration to Web Services• External Lookup Properties

Financial Reports• Web Studio• New Charting Engine

Smart View• HFM Journal• OBIEE Enhancements• New Range and Cell VBA Enhancements

Hyperion Planning• Extended Attribute Support• Smart Push• Valid Intersections

Hyperion Financial Management• Automatic Consolidations• Enhanced Insights, Archiving • Native metadata

Profitability and Cost Management• Expanded Custom Calcs for complex logic• POV Copy support for large outlines

Tax Provisioning• Tax Automation Trace where source is ICP• Enhanced Deferred Tax Classification logic

Financial Reports• Multi-Report Editing via Web Studio• Replace R&A repository• Book/Batch to output to MS Office

Smart View• Limited functional release for Office 365 Web/All

clients

Hyperion Planning• Use Excel Formula Editor To Write Calculations• Sandbox Support

Hyperion Financial Management• Expanded Dashboards• Critical Customer Requested Enhancements

Tax Provisioning• Enhanced Tax Loss-Credit Automation • Enhanced US State and Provincial Tax Provisions

Data Relationship Management• S-FTP external connection• Scheduled imports and exports• Node Access Group Filtering• Property Masking

Smart View• New Client to support all MS office Variants (Mac,

iOS, Win Desktop, Cloud)• Server side refresh of Smart View Queries• Smart Query UX enhancements

Current 11.2.x Future



Oracle EPM Cloud:

Completely Agile

Connect allPlanning

Close with Confidence

Reinvent Analytics & Reporting

Outperform with Intelligence

Operations

MarketingSales

FinanceHR IT

Align Enterprise

Data


Future-proof Your Business

N O W

Cloud applications

Continuous Adoption cycles

New features and technologies in updates

Immediate feedback loop

M O N T H LY U P D AT E S5 - Y E A R U P G R A D E S

2009 2014 2018 2019 2020 2021 2022 2023 …

B E F O R E

On-premises applications

5-year adoption cycles

Technical upgrades

Long requirements lag


EPM Cloud

Customer Momentum *

Customers Subscriptions

Countries Industries

4700+ 7900+

80+ 20+

* Thru Q3FY20


Connect Planning Beyond Finance

Corporate FP&A Human

Resources

Sales & Marketing

InformationTechnology

Operations & Supply Chain


• Build open definition cube quickly• No required dimensions

• Import Essbase outlines

• Hybrid/BSO or ASO cube

• Leverage EPM platform features – Web and Smart View

• Build large scale models• Large # of dimensions

• Large # of members

• Single cube per app | Multi app

• Available with EPM Enterprise Cloud

Free-form Planning & Analysis


Key design principles of Financial Close on EPM Cloud• Holistic approach to Record to Report process that includes

• Consolidations

• Close orchestration & monitoring

• Supplemental/Ad hoc data collection

• Reconciliation & transaction matching

• Tax Provision & Reporting

• Heavy emphasis on reporting

• Collaborative (dashboards, reports, Office, etc)

• Statutory (XBRL, Edgar, CbCr/XML, SBR)

• Narrative

• Pre built functionality with out box of content

• Configurations v/s Customizations

• Based off 30+ years of consolidation experience

• Best practices from HFM, Enterprise and practical experience

• Powered by EPM Cloud platform

• Developed for SaaS with Innovations driven across the platform with a single learning curve

(IPA, Chatbots, Machine Learning)


Rules EPM Cloud

Net Income Roll to BS Pre-Built

Cumulative Translation Adjustment Pre-Built

Historical Overrides Pre-Built

Cash Flow Pre-Built

KPIs / Ratios Pre-Built

Out of Balance Validation Pre-Built

Consolidation / Translation / Eliminations Pre-Built

Allocations Custom

Narrative Reporting with Oracle EPM Cloud

• Complete & integrated reporting platform

• Narrative-based management and externalreporting in one solution

• Unified EPM Cloud Reporting Hub

• Supports full reporting lifecycle: Reporting, Analysis, Authoring, Collaboration, Commentary & Delivery

• Regulatory Reporting framework

• Seamlessly leverage existing documents, data sources and reporting content



Offload Data to a System Purpose-Built for Modeling Allocations

Proactively Manage Profitability

Operational Systems

ERP

Profitability by Category

Customer

Channel

ProductService

Shipping Volumes

Customer Interaction Hours

Many more inputs….

MANAGING CHANGES TO ENTERPRISE DATA IS KEY FOR EVERY BUSINESS


New Geo Region New Department New Offering

Routine Changes

New Cost Center New Legal Entity New Project

Multi-ERP Rationalization

Cloud CoexistenceMigration to Cloud

Digital / Systems Transformational Changes Business / Organizational

Mergers& Acquisitions

CorporateReorganizations

Business Model Changes

Future

Application Content

• YTD journals, Phased submissions, Investment Register

• Zero Based Budgeting (ZBB) Enhancements• Updated tax rules support, Loss exclusions and

jurisdictional netting

• Report Package with Disclosure Management

User Experience

• Search-driven analysis

• Embedded profitability analytics• EDM: Conditional approvals, Calculated node

names & calculated parents, Enrich & Review workflow stages

Innovation

• IPM: Benchmarking, 3rd Party drivers for correlation, Insights to Stories,

• IPA: Automated Consolidations• EDM: Complex data mappings, policy-driven

mastering

• Predictive Tax Analytics

Integration & Infrastructure

• FedRAMP Moderate/Impact Level 4 (US Gov DC)

Next

Application Content

• Parent/Contribution Input• IFRS Lease Assets• Public Sector Budget Adjustments

• Deferred Tax Override, Tax Ownership Mgmt

User Experience

• “R13” Experience, Enhanced dashboards & forms

• Account Reconciliation Exception Management• EDM: Concurrent change management,

subscription group assignment

Innovation

• Enterprise Journals• Auto Prediction• IPM: Insight Dashboard, ML Engine, Scoring

• EPM Bots / Digital Assistant


• Oracle SaaS Integration: PPM, CX, SCM• Expanded EDM adapters: PCM, AR, FAH, HFM

• Task Manager integration with Platform• Break Glass/Data Vault, Cloud at Customer, OCI• Essbase encryption at Rest (for OCI – Gen 2)

Oracle EPM CloudOracle Applications: Current Release and Roadmap


03/09/20 Restricted to event use by development executives only. Copyright © 2020 Oracle and/or its affiliates. All rights reserved

Current (20.03)

Application Content

• Partnership Elimination, Simplified COA for Financial Consolidation

• Period 13 and 53 week support for Planning• Tax Risk Dashboards

User Experience

• Group Reconciliation Detail View

• EDM: Calculated names, Model after item creation

Innovation

• Narrative Generation and Analysis• Predictive Planning, Free Form Planning and

Analysis• Smart View for Office 365 (MacOS/Web)


• EPM Integration Agent

• Expanded EDM adapter for EBS Financials

Embedded Intelligence & Automation

I N TEL L IGEN T PRO CESS

A UTO MAT IO N

Automate tasks related to

account reconciliations,

transaction processing,

consolidation, close process

orchestration, and disclosure

management

I N TEL L IGEN T

PERF O RMA N CE

MA NA GEMENT

Inform planning decisions

with predictive analytics

and machine learning


Predictive Planning & Auto Predict

• Faster, more accurate planning through data science (time series regression):

Predictive Planning Use Cases:1. Generate a forecast2. Seed a forecast3. Validate a forecast

Coming soon: Auto Predict• Predictions run at data import, and

calculated in a ‘Prediction’ scenario• Easier to report on variances• Foundational IPM framework for

future Machine Learning enhancements

Auto Predict


IPM: Reimagine what’s possibleEPM Cloud

What-if Analysis & Scenario Modeling

How can I improve the accuracy of my

planners?

How can I reduce the risk in my forecast?

How can other data improve my

forecast?

Predictions Simulations Correlations IPM Insights

How can I reduce time spent in data

analysis?

AutoML Engine

Embedded in EPM Cloud

Business User

Technical UserOracle ADW + ML 3rd Party ML

Integrated with EPM Cloud (REST API)


EPM Integration Agent

• Extends connectivity between the EPM cloud applications and any data source

• Lightweight footprint similar to EPMAutomate with minimal configuration

• Data source definition, query, filters defined and configured cloud

• Pre-seeded with queries for EBS & Peoplesoft GL

• Users may define custom queries

• Extensible with pre/post process scripting

• End-to-end processing orchestrated from cloud

• Drill-through from cloud into on-premises data without a URL

EBS, PeopleSoft, Relational Data sources, 3rd party

cloud API

EPM Cloud

EPM Agent

SQL Query & Parameters Data File

Query Data

On Premises


Thank You

Mark [email protected]


epm strategy - amosca · 2020. 4. 6. · epm development. the following is intended to outline our...

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